April 24, 2021 @ 8:12 pm By Omar Faridi
The United Kingdom has been touted as a world leader in Fintech, and it also has the “accolades” to back this position, according to a blog post by London-based
Pollinate, a global software business that teams up with banks to assist them with deepening and extending their relationships with their clients.
The team at Pollinate, which secured $50 million via a Series C round last month, points out that with “a strong track record of innovation, technology and development, it’s no surprise that in 2020 – a year of monumental change across all sectors – the UK ranked second only to the US in terms of total capital investment in fintech, with UK-based fintechs accounting for 408 of the 3,052 investment deals, and $4.1bn in funding that year.”
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